Bombardier swings to net loss despite revenue jump as private plane travel falls

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Bombardier swings to net loss despite revenue jump as private plane travel falls
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MONTREAL — Bombardier Inc. is reporting a revenue leap of 28 per cent in its latest quarter as the company says it remains on track for its business jet...

MONTREAL — Bombardier Inc. is reporting a revenue leap of 28 per cent in its latest quarter as the company says it remains on track for its business jet delivery targets, even as private plane activity slumps across the globe.

Its adjusted net income also jumped to US$80 million or 73 cents per share from a loss of US$2 million or 10 cents per share. The stock market is approaching a 'once-in-a-generation' buying opportunity as profits are about to take off almost everywhere, investment firm saysBank of Nova Scotia stock could be a major bargain in the banking scene right now. The post Canadian Bank Stocks Look Severely Undervalued: Here’s 1 With a 7.6% Yield appeared first on The Motley Fool Canada. -- Costco Wholesale Corp.

Western companies exiting Russia must sell assets in rubles or else face delays and perhaps losses to transfer dollars or euros abroad.I was all set for my trip, or so I thought. That's when my friend told me to always keep a bread clip when traveling. The reason is quite clever.Potash prices have been falling after shipments from Belarus and Russia resumed. Demand for fertilizers was also weak during much of the year, analysts have said, as farmers waited for prices to settle down.

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